News Analysis

Orbital Stockholders Approve Merger with ATK’s Aerospace and Defense Groups

Dulles, VA, January 27, 2015--Orbital Sciences Corporation (NYSE: ORB) today announced that at a special meeting held this morning, the company’s stockholders voted overwhelmingly to approve the proposed merger with the Aerospace and Defense Groups of Alliant Techsystems Inc. (NYSE: ATK), pursuant to the definitive transaction agreement dated April 28, 2014. 

Imagine Communications Acquires RGB Networks

Dallas, Tex. Jan. 26, 2015 — Imagine Communications today announced it has signed a definitive agreement to acquire the assets of RGB Networks, Inc., a  provider of multiscreen video delivery solutions based in Sunnyvale, California. The transaction, subject to customary approvals and closing conditions, will include the majority of RGB Networks’ employees.

L-3 Acquires MITEQ

Hauppauge, NY, January 23,2015-- L-3 Communications (NYSE:LLL) announced today that it acquired the assets of MITEQ, Inc. for U$ 41 million..The business will be combined with L-3’s Narda Microwave-East business located in Hauppauge, N.Y., and the new organization will be called L-3 Narda-Miteq.

SES Awards SES-12 Launch Contract to Arianespace

Betzdorf, Luxembourg, January 22, 2015--SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) announced today that the company has selected Arianespace to launch the powerful new hybrid communications satellite, SES-12, on board an Ariane 5 booster from the European Space Center in Kourou, French Guiana, during Q4 2017. This will be the 40th launch of an SES spacecraft on board an European Ariane launch vehicle.

Putin Endorses Merger of Roscosmos and URSC

Moscow, Russia, January 21, 2015-- Russian President Vladimir Putin supported Prime Minister Dmitry Medvedev’s proposal to merge Roscomos and the United Rocket and Space Corporation into a single state-run company, which will also be called Roscosmos according to Russian news agency TASS.

The current Director-General of the United Rocket and Space Corporation, Igor Komarov, will be heading the new company.

ORBCOMM Completes InSync Software Acquistion

Rochelle, N.J., Jan 20, 2015--ORBCOMM, a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of InSync Software, Inc. (InSync), a  provider of Internet of Things (IoT) enterprise solutions across a broad spectrum of vertical markets, applications and customers. Headquartered in San Jose, Calif., InSync’s software powers global sensor-driven asset tracking and remote monitoring applications that allow end users, managed service providers and independent software vendors to increase asset visibility, improve operational efficiencies and reduce risk.

Netgem 4th Quarter 2014 Revenues Down 11%

Neuilly-sur-Seine, France, January 15, 2014--For the quarter ended December 31, 2014, consolidated home entertainment solutions provider Netgem announced a consolidated revenue of € 14.3 million, bringing total consolidated revenue for 2014 to € 72.5 million, down 11% compared to 2013.

Boeing Completes World’s First All-Electric Propulsion Satellites for ABS and Eutelsat

El Segundo, Calif., Jan. 9, 2015 – Boeing [NYSE: BA] has completed production of the world’s first all-electric propulsion satellites for ABS and Eutelesat as preparations continue to launch the satellites, as a vertically stacked pair, next month.

Genstar Capital to Acquire Telestream

Nevada City, California, January 7, 2015–Telestream, a provider of live and on-demand digital video tools and workflow solutions, today announced that the private equity investment firm Genstar Capital has entered into a definitive agreement to purchase Telestream, Inc. The transaction is expected to close mid-January.

Orbcomm Completes Acquisition of SkyWave

Ottawa, Canada, January 5, 2015--Orbcomm has completed the acquisition of SkyWave Mobile Communications (SkyWave), the largest M2M service provider on the Inmarsat global L-band satellite network.  Based in Ottawa, Canada, SkyWave adds more than 250,000 subscribers, 400 channel partners, annualized revenues of over US$ 60 million and Adjusted EBITDA of over US$ 12 million.